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Greaves Cotton - Quaterly Results

12 May 2023 Evaluate
The revenue zoomed 15.34% to Rs. 4367.50 millions for the quarter ended March 2023 as compared to Rs. 3786.70 millions during the corresponding quarter last year.Handsome Net Profit growth of 75.09% reported above the corresponding previous quarter figure of Rs. 294.50 millions to Rs. 168.20 millions.Operating profit surged to 667.50 millions from the corresponding previous quarter of 423.90 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 4367.50 3786.70 15.34 15497.60 11775.90 31.60 15497.60 11775.90 31.60
Other Income 149.80 133.00 12.63 425.30 315.90 34.63 425.30 315.90 34.63
PBIDT 667.50 423.90 57.47 1939.40 763.30 154.08 1939.40 763.30 154.08
Interest 4.80 5.50 -12.73 21.10 19.60 7.65 21.10 19.60 7.65
PBDT 542.90 356.00 52.50 1988.20 817.00 143.35 1988.20 817.00 143.35
Depreciation 91.70 102.70 -10.71 381.00 424.30 -10.21 381.00 424.30 -10.21
PBT 451.20 253.30 78.13 1607.20 392.70 309.27 1607.20 392.70 309.27
TAX 156.70 85.10 84.14 456.20 121.90 274.24 456.20 121.90 274.24
Deferred Tax 6.40 -0.80 -900.00 8.10 -20.40 -139.71 8.10 -20.40 -139.71
PAT 294.50 168.20 75.09 1151.00 270.80 325.04 1151.00 270.80 325.04
Equity 463.30 463.00 0.06 463.30 463.00 0.06 463.30 463.00 0.06
PBIDTM(%) 15.28 11.19 36.53 12.51 6.48 93.06 12.51 6.48 93.06
Peers
Company Name CMP
Cummins India 4375.00
Kirloskar Oil Engine 1693.30
Greaves Cotton 225.85
Swaraj Engines 3496.20
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